The Indian government should focus on development, as per a research paper by RBI. The paper shows that the general government debt-GDP ratio could decline to 73.4% by 2030-31, 5 percentage points lower than the IMF s projection. Further fiscal tightening is needed for sustainable growth.
RBI Bulletin – December 2022 | The Indian Awaaz theindianawaaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindianawaaz.com Daily Mail and Mail on Sunday newspapers.
Researchers at the Reserve Bank of India (RBI) have planned to roll out a demand-supply mismatch index to forecast inflation rates, according to the central bank’s working paper titled An Alternative Perspective on Demand.
Is 6% The Right Inflation Rate For India After All?
May 25 2021, 9:26 AM
May 25 2021, 9:26 AM
May 25 2021, 9:26 AM
For years, India has debated what the right level of inflation for the economy is. Is it the 5% informal objective pursued by the RBI for many years? Is it 2-6%, the range set for Indiaâs flexible inflation? Or is it 4%, the mid-point of that range?A new research paper suggests that 6% may be the ideal level of inflation for India, adding that any attempt to bring it below that point comes at a significant cost to growth.âFor macroec.
For years, India has debated what the right level of inflation for the economy is. Is it the 5% informal objective pursued by the RBI for many years? Is it 2-6%, the range set for Indiaâs flexible inflation? Or is it 4%, the mid-point of that range?
The empirical findings of the study broadly confirm higher threshold inflation and higher growth in emerging market economies than in advanced economies. (Representative image)
MUMBAI: A Reserve Bank of India (RBI) study has advocated a mix of fiscal and monetary policies to mitigate economic downturn, saying demand side channel needs to be complemented with a conducive monetary transmission mechanism from the supply side.
Referring to the 2009 crisis, the study by Development Research Group (DRG) on Risk Premium Shocks and Business Cycle Outcomes in India , said that at the micro-level, the interest rate spread, attributed to risk premium on loans, increased in response to a rise in loan defaults during the post-2009 period.